Property prices for sale in Cedar Springs (Michigan)

The prices in real estate in Cedar Springs, in the Michigan region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$265,918.17
Average price last 6 months
$2,319.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Cedar Springs has increased strongly during the last 6 months. In October, the average price per sq.feet was $965. In the following month the price per sq.feet increased considerably to $1,604. The price for the following two months in (December, January) had a considerable decrease of 13 with regard to the prior two months. The price per sq.feet has had a considerable increase of 755 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $728.5 to $5,500.5 during February, and March.

Average price

Based upon to the price in Cedar Springs (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $274,402. In November This price remains at $269,368. During the following two months (December, January) the price has had an average incrementation from $271,885 to $289,343. During the last two months the average price has had a strong fall compared to the previous four going from $280,614 to $236,526.5, which means a 84 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of $256,422 they are 14 % more expensive than the average price for Cedar Springs. Following this ranking we find those properties with 2 at an average price of $306,305. The properties with the highest average price have 1 bedroom, Their price is 31 % more costly than the average. After that we have properties with 4 bedrooms priced at $325,497.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $155 / sq.feet, with an average $3,580 / sq.feet price in Cedar Springs. The properties with the lowest average prices have 1 bedroom. They are 93 % cheaper than the average followed by properties with 2 bedrooms with a price at $219 / sq.feet.

Price per property type

With regard to the average price based upon the property in Cedar Springs we can see that most expensive property type is "House" at a price of $319,024, they are 24 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 24 % more expensive than the average price aforementioned.

According to the average area cost by sq.feet the cheapest property type is "House with an average price of $175 / sq.feet. "House" with an average cost of $175 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Cedar Springs
Number of properties used in region Michigan
$256,422
$3,580
710
545,964
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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